Ok so it was built 45 years ago and you took it over 22 years ago I dont know

Ok so it was built 45 years ago and you took it over

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Ok, so it was built 45 years ago and you took it over 22 years ago. I don’t know when the transition was between, it was built for the school by the school and I don’t know when the transition was that it came over to the Council, Council operation but that must be about 35 years ago but it got a bit too expensive for the school. So the reasons for the Council wanted to close it was partly rationalisation of the facilities for the student games then. They wanted to move demand from schools to Hillsborough to be the two schools and obviously to maximise demand there. Well they wanted to close both of the satellite pools mainly to get this going at X and X So who actually owned the pool before it was transferred? The pool was still owned by the Council and had a maintenance lease on it called Peppercorn lease and costs us about £300.00 which is peppercorn. And how long is the lease for? It is now for another 20 years. It was extended to get the grant that we could go to Inspire Facilities for. I think we had about two years left and they wouldn’t take it on that principle so we had to apply to the Council for an extension. I suppose from the Council’s point of view it’s fine giving you an extension because it allows you to get that grant to bring the money is, doesn’t it? That’s right. So you had two years to go, ok. So this group of people that got together to make the case to the Council then who want to run it, what sort of people were they then? Private business people, X the Chairman, he was a property business, is a property business entrepreneur. X, he used to run a private investigation company, he now runs a cost-saving utilities
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company. X he worked for a company and is now a private business buildings lease rent hire. Peter X, he was a, I believe he was a Director of the X and is now retired. Who else have we got, then we’ve got X who his brother owns a company of X and still owns the company. So you’ve got some pretty experienced people then in those five? Business people, yes. Experienced business people, not experienced in running a swimming pool but experience of business. Ok, so what was the process of transferring it to the entities so what exactly is the entity now, is it a charitable Trust? It is a charitable Trust. We had to apply for charitable status and the Trust section wasn’t too bad at all. The charitable status was more of an ongoing affair. And is it still within that company limited? It’s limited by guarantee. Right, ok, and who are the Trustees? They are the Trustees who I just said. Those five, so the original people. The original five are Trustees? Well X came in about four years ago, four or five years ago. Oh, ok, so what happened was the Council gave the new Trust and said you could run it for x number of years or something like that.
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